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ID: A On January 2, 20199, Topanga Company purchasod a machine for $90,000. The machine has a five-year estimated useful life and a $6,000 estimated

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ID: A On January 2, 20199, Topanga Company purchasod a machine for $90,000. The machine has a five-year estimated useful life and a $6,000 estimated residual value. In addition, the company expects to use the machine 200,000 hours. Assuming that the machine was used 35,000 hours during 2019, complete the following chart. (Show your work.) Method Straight-line Depreciation Expense for 2019 Book Value at 12/31/19 Production Double-declining-balance

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